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Business strategy
What Do You Really Need to Run a Business?
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[QUOTE="Chibson, post: 261448, member: 27553"] Business requires experience for you to run it but at the same time those who are experienced were amateurs at certain point. the first thing you need to become successful in business is not experience but proper knowledge and understanding of how the particular business works. After getting the whole idea of how the business works the next thing you need is the capital to run such a business in terms of marketing and a lot of other things. there are people who ventured into several businesses without much experience about the business but with the right idea they were able to succeed after some period of time. I quite agree with you that marketing is very necessary and important in any business venture. Without proper marketing skills, there is no way you can be able to make a lot of sales and become successful in that particular business. How you market your product matters most times because it is what will convince people to purchase your product. You should also look at the quality of your product because that also matters when it comes to retaining of customers. If your product is of a very good quality there is a high tendency that your customers will probably be patronizing you for a long period of time. You also need to be very much innovative in business because there are trends and you need to adapt to that. [/QUOTE]
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